Article taken from: finance.yahoo.com
The Price Is Right For The Rank Group Plc (LON:RNK) Even After Diving 26% Simply Wall St • September 18, 2020 To the annoyance of some shareholders, The Rank Group Plc ( LON:RNK ) shares are down a considerable 26% in the last month, which continues a horrid run for the company. In spite of the heavy fall in price, given close to half the companies in the United Kingdom have price-to-earnings ratios (or “P/E’s”) below 17x, you may still consider Rank Group as a stock to avoid entirely with its 39.9x P/E ratio. […] With earnings that are retreating more than the market’s of late, Rank Group has been very sluggish. […] In order to justify its P/E ratio, Rank Group would need to produce outstanding growth well in excess of the market. […] There are also other vital risk factors to consider before investing and we’ve discovered 3 warning signs for Rank Group that you should be aware of.
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